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flag Studio apartments are rising in Australia as affordable housing for young buyers, despite lending restrictions.

flag Studio apartment living is gaining traction in Australia as a solution to the housing crisis, especially for young buyers. flag Inspired by minimalist lifestyles, residents like Sydney teacher Cassandra Macdonald and architect Adam Haddow are embracing small homes for affordability, walkability, and community. flag Macdonald owns and renovates multiple studios, using smart design to maximize space and plans to expand through her Palm Court Studios venture. flag While experts highlight benefits like sustainable living and mindful consumption, lenders remain cautious, with some banks imposing size limits or requiring higher deposits, particularly for mortgage-insured loans. flag Still, smaller apartments are seen as a growing, viable option for first-time buyers seeking affordable entry into homeownership.

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